“We have seen a steady decline in over the counter deposits in branch, as our devices gain popularity. In addition to safe and hassle-free banking, our ADTs and ATMs offer customers a wide range of services which can now be performed at a device, as opposed to visiting a branch.”

The official said ADTs not only recycle cash that had been deposited, but also made it available for dispensing and withdrawals.

In addition, ADT devices can perform cardless deposits which allow any banked or non-banked customer to make a deposit at the ADT without a card being present.

The ADT device also offers a host of functionalities, including Cheque deposits, deposits into eWallet, transfers and payments, opening Savings and Investment Accounts and the option to apply for a loan.

In its latest annual report, FNB noted a 15 percent increase in online banking transactions, and a massive 7% jump in banking through its app, and a further jump of 25 percent in mobile transactions.